Monthly Archives: May 2015
Reinstatement of deregistered companies: Are they (and directors) liable for their actions during deregistration?
In terms of the current Companies Act, companies and CCs can be deregistered for administrative reasons (in the vast majority of cases for not lodging annual returns and paying annual duty) and can apply to be reinstated. An anomaly exists … Continue reading
The new B-BBEE Codes of Good Practice are set to become effective on 1 May. For exempted micro-entities (EMEs) there is some good news as the threshold for EMEs has been raised from less than R5 million annual turnover to less … Continue reading
“Debt, noun. An ingenious substitute for the chain and whip of the slave driver” (Ambrose Bierce) We are all aware how consumer debt has risen in the past several years, especially for the lower paid and poorer sections of the … Continue reading